How the ACE anti-piracy powerhouse will work
Details into how the Alliance for Creativity and Entertainment (ACE) will work has emerged, reported TorrentFreak.
ACE is an anti-piracy initiative comprising networks and studios, with 30 companies involved at launch.
“ACE is designed to leverage the best possible resources to reduce piracy,” said outgoing head of the MPAA, Chris Dodd.
Founding members make up the initial governing board of ACE – they include the likes of Netflix, Amazon, Paramount Pictures, Sony Pictures, and Walt Disney.
Governing board members who are not already MPAA members must contribute $5 million to ACE every year, stated the report.
The remaining members of ACE make up the executive committee.
They include the likes of the BBC, CBS, HBO, Hulu, Lionsgate, and Metro-Goldwyn-Mayer.
Executive committee members must contribute $200,000 per year.
Citing an internal ACE document, TorrentFreak reported that half of the money gathered from members will be spent on online anti-piracy initiatives.
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